Iranian media has revealed a draft MOU in which the United States agrees to ease sanctions in exchange for opening the Strait of Hormuz.
Iranian media has revealed a draft memorandum of understanding (MOU) between Iran and the United States, which stipulates that the US will lift some sanctions on oil exports, while Iran pledges to reopen the Strait of Hormuz.
On June 12, 2026, at 3:14 PM, CNBC, citing Mehr, Iran's official news agency, reported on Friday that... The draft Memorandum of Understanding (MOU) between Iran and the United States contains key provisions that both sides are using as a framework for negotiations to end tensions between them.
The report states that The document contains 14 provisions in which the United States pledges to ease or lift sanctions on Iranian oil exports, while Iran reopens the Strait of Hormuz, one of the world's most important oil shipping routes, for normal use.
In addition, the draft agreement sets out preliminary conditions prior to the start of final negotiations. The United States must release at least half of its frozen Iranian funds, suspend oil sanctions, and lift any related maritime blockade.
The disclosure of these details comes amid speculation that the two countries may be close to reaching a major agreement. This could lead to a resolution of the conflict in the Middle East and help restore stability to global energy markets at a time when tensions continue to affect oil prices and global maritime transport.
refer : cnbc.com
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